$689,999

467 Norwood Ave Buffalo, NY 14222

Elmwood Bidwell Neighborhood

Estimated payment $4,567/month

Total Views 978
5 Beds
-- Bath
6,093 Sq Ft
$113 Price per Sq Ft

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Rectangular Lot

About This Home

Exceptional investment opportunity in the heart of Elmwood Village! This well-maintained 5-unit property With a NOI of 67,831 and also has 10.0 cap Rate, also over 7500 a month in Rental income, offering strong cash flow with additional value-add potential. The building Features three 2- bedroom 1 bath & two 1 bedroom 1 bath each thoroughly maintained and appealing to long term tenants and students alike. Located just steps from Elmwood's top restaurants, shops, and entertainment, minutes from Buffalo State College and the Albright-Knox Art Museum, this property is ideal for investors seeking a prime, high demand rental location. Tenants enjoy a large backyard, on site Laundry, and proximity to public transportation. Strong rental History well cared for, and ready to continue performing - or take to the next level with strategic updates. A rare opportunity in one of Buffalo's most desirable neighborhoods !

Listing Agent

Donivin Mclean

Listing by Keller Williams Realty WNY Brokerage Phone: 716-472-8464 License #10401362265 Listed on: 11/10/2025

Keller Williams Realty WNY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,172

Year Built

  • Built in 1910

Lot Details

  • 7,215 Sq Ft Lot
  • Lot Dimensions are 39x185
  • Rectangular Lot

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 5 Bedrooms
  • 6,093 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 5 Units

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 140200-100-210-0005-033-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,172

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Commercial
  • Property Type: Multi Family
  • Rent Includes: Water
  • Year Built: 1910
  • Attribution Contact: 716-472-8464
  • Lot Features: Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street, Main Thoroughfare
  • Directions: Auburn ave to Norwood ave
  • Flooring: Carpet, Hardwood, Varies
  • Year Built Details: Existing
  • Property Sub Type Additional: Commercial
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Total Bedrooms: 5
  • Stories: 3
  • Stories: 3

Exterior Features

  • Acres: 0.1656
  • Waterfront: No
  • Construction Type: Aluminum Siding, Attic/Crawl Hatchway(s) Insulated, Brick, Vinyl Siding

Garage/Parking

  • Parking Features: Two Spaces, No Driveway

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Buffalo

Lot Info

  • Parcel Number: 140200-100-210-0005-033-000
  • Lot Dimensions: 39X185
  • Lot Size Sq Ft: 7215.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 5
  • Number Of Separate Electric Meters: 5

Tax Info

  • Tax Annual Amount: 11172.0
  • Tax Lot: 33

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2025 11/10/25 For Sale $689,999 -- $113 / Sq Ft
Source: Western New York Real Estate Information Services (WNYREIS)

Source: Western New York Real Estate Information Services (WNYREIS)

MLS Number: B1650108

Western New York Real Estate Information Services (WNYREIS)
New York Erie County Buffalo 14222 Elmwood Bidwell

467 Norwood Ave, Buffalo, NY

For Sale

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Listing Agent
Donivin Mclean
Section Image
Keller Williams Realty WNY
(716) 670-4236